Teck Resources Ltd is engaged in the business of exploring for, acquiring, developing and producing natural resources. The Company's activities are organized into business units that are focused on steelmaking coal, copper, zinc and energy. It operates in five segments: steelmaking coal, copper, zinc, energy and corporate. The corporate segment includes all of its activities in commodities other than copper, coal, zinc and energy. Through its interests in mining and processing operations in Canada, the United States, Chile and Peru, the Company is a seaborne exporter of steelmaking coal, and producer of copper and mined zinc. It also produces lead, molybdenum, silver, and various specialty and other metals, chemicals and fertilizers. In addition, the Company owns interest in the Fort Hills oil sands project and interests in other assets in the Athabasca region of Alberta. It is engaged in advancing porphyry copper projects in Canada, Chile, Peru, the United States and Turkey.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Integrated Mining
- Sub-Industry: N/A
- Symbol: NYSE:TECK
- CUSIP: N/A
- Web: www.teck.com
- Market Cap: $9.95 billion
- Outstanding Shares: 577,650,000
- 50 Day Moving Avg: $17.97
- 200 Day Moving Avg: $21.15
- 52 Week Range: $11.04 - $26.60
Sales & Book Value:
- Trailing P/E Ratio: 8.40
- Foreward P/E Ratio: 7.18
- P/E Growth: 1.52
- Annual Revenue: $7.94 billion
- Price / Sales: 1.25
- Book Value: $23.64 per share
- Price / Book: 0.73
- Annual Dividend: $0.15
- Dividend Yield: 0.4%
- EBIDTA: $2.95 billion
- Net Margins: 14.37%
- Return on Equity: 10.02%
- Return on Assets: 4.99%
- Debt-to-Equity Ratio: 0.37%
- Current Ratio: 1.87%
- Quick Ratio: 1.04%
- Average Volume: 5.07 million shs.
- Beta: 1.22
- Short Ratio: 4.28
Frequently Asked Questions for Teck Resources Ltd (NYSE:TECK)
What is Teck Resources Ltd's stock symbol?
Teck Resources Ltd trades on the New York Stock Exchange (NYSE) under the ticker symbol "TECK."
How often does Teck Resources Ltd pay dividends? What is the dividend yield for Teck Resources Ltd?
Teck Resources Ltd announced a semiannual dividend on Thursday, April 27th. Stockholders of record on Thursday, June 15th will be given a dividend of $0.0741 per share on Friday, June 30th. This represents a dividend yield of 0.72%. The ex-dividend date is Tuesday, June 13th. This is a boost from Teck Resources Ltd's previous semiannual dividend of $0.04. View Teck Resources Ltd's Dividend History.
How were Teck Resources Ltd's earnings last quarter?
Teck Resources Ltd (NYSE:TECK) posted its quarterly earnings results on Tuesday, April, 25th. The company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by $0.16. The firm earned $2.89 billion during the quarter, compared to the consensus estimate of $3.05 billion. Teck Resources Ltd had a return on equity of 10.02% and a net margin of 14.37%. Teck Resources Ltd's revenue for the quarter was up 70.4% compared to the same quarter last year. View Teck Resources Ltd's Earnings History.
Where is Teck Resources Ltd's stock going? Where will Teck Resources Ltd's stock price be in 2017?
24 equities research analysts have issued 1 year target prices for Teck Resources Ltd's stock. Their forecasts range from $10.00 to $40.00. On average, they expect Teck Resources Ltd's stock price to reach $26.00 in the next twelve months. View Analyst Ratings for Teck Resources Ltd.
Are investors shorting Teck Resources Ltd?
Teck Resources Ltd saw a decrease in short interest during the month of May. As of May 31st, there was short interest totalling 18,491,119 shares, a decrease of 14.2% from the May 15th total of 21,553,389 shares. Based on an average daily trading volume, of 3,835,680 shares, the days-to-cover ratio is currently 4.8 days. Approximately 3.3% of the company's shares are sold short.
Who are some of Teck Resources Ltd's key competitors?
Some companies that are related to Teck Resources Ltd include Freeport-McMoran (FCX), Anglo American plc (AAL), Fresnillo Plc (FRES), South32 Ltd (S32), Turquoise Hill Resources (TRQ), Polymetal International PLC (POLY), Yamana Gold (AUY), KAZ Minerals PLC (KAZ), New Gold (NGD), Allegheny Technologies Incorporated (ATI), New Gold (NGD), Pretium Resources (PVG), Vedanta Resources plc (VED), MAG Silver Corp (MAG), McEwen Mining (MUX), Fortuna Silver Mines (FSM), Seabridge Gold (SA) and SolGold plc (SOLG).
Who are Teck Resources Ltd's key executives?
Teck Resources Ltd's management team includes the folowing people:
- Norman B. Keevil Ph.D., Chairman of the Board
- Donald Richard Lindsay, President, Chief Executive Officer, Director
- Warren S. R. Seyffert QC, Deputy Chairman of the Board, Lead Independent Director
- Ronald A. Millos, Chief Financial Officer, Senior Vice President - Finance
- Andrew A. Stonkus, Senior Vice President - Marketing and Sales
- Fraser Phillips, Senior Vice President - Investor Relations and Strategic Analysis
- Dale E. Andres, Senior Vice President - Base Metals
- Alexander N. Christopher, Senior Vice President - Exploration, Projects and Technical Services
- Andrew J. Golding, Senior Vice President - Corporate Development
- Peter C. Rozee, Senior Vice President - Commercial and Legal Affairs
How do I buy Teck Resources Ltd stock?
Shares of Teck Resources Ltd can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Teck Resources Ltd's stock price today?
MarketBeat Community Rating for Teck Resources Ltd (NYSE TECK)MarketBeat's community ratings are surveys of what our community members think about Teck Resources Ltd and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Teck Resources Ltd stock can currently be purchased for approximately $17.23.
Consensus Ratings for Teck Resources Ltd (NYSE:TECK) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 3 Hold Ratings, 20 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.79)|
|Consensus Price Target: ||$26.00 (50.90% upside)|
Analysts' Ratings History for Teck Resources Ltd (NYSE:TECK)
(Data available from 6/29/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|6/25/2017||Deutsche Bank AG||Reiterated Rating||Buy||$24.00 -> $23.00||Low|
|6/16/2017||Royal Bank Of Canada||Reiterated Rating||Outperform||$39.00 -> $38.00||Low|
|6/9/2017||Bank of America Corporation||Downgrade||Buy -> Neutral||$27.00 -> $19.00||Medium|
|5/30/2017||J P Morgan Chase & Co||Upgrade||Neutral -> Overweight||Low|
|5/19/2017||Clarkson Capital||Reiterated Rating||Buy||Medium|
|4/18/2017||Credit Suisse Group||Reiterated Rating||Outperform||Low|
|3/22/2017||Berenberg Bank||Upgrade||Hold -> Buy||Low|
|2/2/2017||BMO Capital Markets||Initiated Coverage||Outperform||N/A|
|1/23/2017||FBR & Co||Upgrade||Marketperform -> Outperform||N/A|
|1/11/2017||Scotiabank||Upgrade||Sector Perform -> Outperform||N/A|
|12/20/2016||MKM Partners||Initiated Coverage||Buy||$29.00||N/A|
|12/20/2016||Macquarie||Upgrade||Neutral -> Outperform||N/A|
|12/15/2016||Dundee Securities||Reiterated Rating||Buy||$34.00 -> $40.00||N/A|
|12/12/2016||Canaccord Genuity||Upgrade||Hold -> Buy||N/A|
|12/6/2016||Citigroup Inc.||Upgrade||Neutral -> Buy||N/A|
|11/17/2016||Barclays PLC||Upgrade||Underweight -> Overweight||$22.00 -> $36.00||N/A|
|11/15/2016||Goldman Sachs Group, Inc. (The)||Upgrade||Neutral -> Buy||$31.00||N/A|
|10/29/2016||Paradigm Capital||Reiterated Rating||Buy||$29.00 -> $34.00||N/A|
|10/18/2016||National Bank Financial||Upgrade||Sector Perform -> Outperform||N/A|
|10/2/2016||TD Securities||Reiterated Rating||Buy||$30.00||N/A|
|9/15/2016||Morgan Stanley||Upgrade||Underweight -> Equal Weight||$7.00 -> $18.00||N/A|
|8/25/2016||Raymond James Financial, Inc.||Reiterated Rating||Market Perform||$19.00 -> $21.00||N/A|
|8/19/2016||Sanford C. Bernstein||Reiterated Rating||Sell||$10.00||N/A|
|10/23/2015||Haywood Securities||Upgrade||Hold -> Buy||N/A|
|10/23/2015||BB&T Corporation||Upgrade||Hold -> Buy||$10.00||N/A|
|7/24/2015||Cowen and Company||Reiterated Rating||Market Perform||$14.00 -> $8.00||N/A|
Earnings History for Teck Resources Ltd (NYSE:TECK)Earnings History by Quarter for Teck Resources Ltd (NYSE TECK)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/25/2017||3/31/2017||$1.04||$0.88||$3.05 billion||$2.89 billion||View||N/A|
|10/27/2016||Q316||$0.18||$0.26||$1.65 billion||$2.31 billion||View||Listen|
|7/28/2016||Q216||($0.01)||$0.01||$1.33 billion||$1.74 billion||View||N/A|
|2/11/2016||Q415||($0.02)||$0.03||$1.95 billion||$2.14 billion||View||N/A|
|10/22/2015||Q315||$0.02||$0.05||$2.00 billion||$2.10 billion||View||N/A|
|7/23/2015||Q215||$0.09||$0.11||$2.06 billion||$2.00 billion||View||N/A|
|4/21/2015||Q115||$0.11||$0.11||$2.14 billion||$2.02 billion||View||N/A|
|2/12/2015||Q414||$0.22||$0.23||$2.20 billion||$2.26 billion||View||N/A|
|10/29/2014||Q314||$0.26||$0.28||$2.27 billion||$2.25 billion||View||N/A|
|7/24/2014||Q214||$0.13||$0.13||$1.99 billion||$2.01 billion||View||N/A|
|4/22/2014||Q114||$0.24||$0.18||$2.10 billion||$2.08 billion||View||N/A|
|2/19/2014||Q413||$0.43||$0.40||$2.34 billion||$2.38 billion||View||N/A|
|10/24/2013||Q313||$0.37||$0.42||$2.24 billion||$2.52 billion||View||N/A|
|7/25/2013||Q213||$0.34||$0.34||$2.09 billion||$2.15 billion||View||N/A|
|4/23/2013||Q113||$0.39||$0.56||$2.28 billion||$2.33 billion||View||N/A|
|2/7/2013||Q412||$0.49||$0.25||$2.53 billion||$2.73 billion||View||N/A|
Earnings Estimates for Teck Resources Ltd (NYSE:TECK)
Current Year EPS Consensus Estimate: $3.16 EPS
Next Year EPS Consensus Estimate: $2.40 EPS
Current Dividend Information for Teck Resources Ltd (NYSE:TECK)
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||7.69% (Trailing 12 Months of Earnings) |
4.75% (Based on This Year's Estimates)
6.25% (Based on Next Year's Estimates)
Dividend History by Quarter for Teck Resources Ltd (NYSE TECK)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Teck Resources Ltd (NYSE:TECK)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Teck Resources Ltd (NYSE:TECK)
Latest Headlines for Teck Resources Ltd (NYSE:TECK)
Teck Resources Ltd (TECK) Chart for Thursday, June, 29, 2017